MFG 0.53% $9.44 magellan financial group limited

Valuation still looks convincing, page-25

  1. 7,293 Posts.
    lightbulb Created with Sketch. 1072
    With the rating houses decreasing their funds, ie don't think this is good..
    The rating houses 'investment badges' are sought of like the S&P and Moody's when it comes to debt.

    Lower 'investment badge' less inclination for financial planners to recommend the fund.

    Regardless of one's philosophy of the correctness, this is the reality.
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.